United States 4-Week Bill Auction fell from previous 0.005% to 0%
Sep 16, 2014
EUR/USD up to challenge post NFP high
In what was a quiet US afternoon, news that China boosted liquidity to the five largest banks in the country up to of 500 billion Yuan, triggered sudden moves all across the board. Market is seeing this as equivalent to a cut in RRR, risk positive, with safe havens being sold off across the board.